Tony Award winner John Doyle will direct the film that focuses on residents of a North Carolina town whose lives are shaken up when a stranger arrives. Bloom will play a small town policeman while McCarthy is set as a despicable business manager.

Bloom, who hasn't appeared on screen since "Pirates of the Caribbean: At World's End" will appear later this year in the anthology "New York, I Love You" and Mark Ruffalo's directorial debut "Sympathy for Delicious."

The Pulitzer prize winning Foote, who passed away earlier this month, may have been known for his stage work first and foremost, but he also won Oscars for both his "Tender Mercies" and "To Kill A Mockingbird" screenplays.

"Main Street" is expected to begin shooting in Durham, N.C. next month.